Inventory Simulation Modeling and Comparative Analysis of Supply Chain with Single and Multi-CODP

Yu Wang; Xiao Ling Liang; Wen Xing Wu

doi:10.4028/www.scientific.net/AMM.263-266.3220

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HomeApplied Mechanics and MaterialsApplied Mechanics and Materials Vols. 263-266Inventory Simulation Modeling and Comparative...

Inventory Simulation Modeling and Comparative Analysis of Supply Chain with Single and Multi-CODP

Abstract:

The traditional MC supply chain only set up single CODP. Some scholars set multiple CODPs in supply chain in theory, so the inventory becomes more complicated. The paper firstly analyzes the inventory in MC supply chain with single CODP and multi-CODP, then builds inventory simulation modeling of supply chain with single CODP and multi-CODP based on system dynamics. Finally, uses the case of turbine production and related data to simulate and demonstrate. Actually, the total inventory at the CODP of single CODP chain is less, while the total work in progress of multi-CODP supply chain is less. And the total work in progress of supply chain with multi-CODP controls better.

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Periodical:

Applied Mechanics and Materials (Volumes 263-266)

Pages:

3220-3224

DOI:

https://doi.org/10.4028/www.scientific.net/AMM.263-266.3220

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Online since:

December 2012

Authors:

Yu Wang, Xiao Ling Liang, Wen Xing Wu

Keywords:

CODP, Inventory, Supply Chain, System Dynamics (SD)

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